SUBSCRIBER NOTE: Platts includes Jimblebar Fines in IODEX, TSI assessment process

SUBSCRIBER NOTE: Platts includes Jimblebar Fines in IODEX, TSI assessment process

Following market consultation since January 7, 2019, S&P Global Platts has included Jimblebar Fines (JMBF) in its IODEX (IODBZ00) and TSI-62% (TS01021) assessment process on March 1, 2019.

Platts assesses the fixed and floating transactional price for Jimblebar Fines cargoes based on transactional information collected throughout the day from active market participants across the supply chain.

The decision to launch these assessments comes on the back of consistent and growing market demand for increased pricing information in JMBF cargoes.

Platts takes into account a typical specification of JMBF in determining the assessment. Platts will update the typical specifications when necessary and will make these available to the market upon request.

Platts assesses Jimblebar cargoes timestamped to 5.30 pm Singapore/Beijing time (0930 GMT) on a daily basis.

Platts publishes IODEX in the daily iron ore assessment table in SBB Steel Markets Daily on page 2 and on Platts Metals Alert Page MW1109 and to database the value, making it available in data products under the category SI. The Jimblebar Fines CFR Qingdao assessments carry the codes IOJBA00 for daily fixed price and IOJBB00 for daily floating price, as well as IOJBA03 for monthly average fixed price and IOJBB03 for monthly average floating price.

Please send all questions and feedback to IODEX@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.